Westerly College Club

Analysis

Westerly College Club is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Westerly College Club reported income of $86k and spending of $77k, spending 90% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $82k to $86k (+4.0%), an average of +4.0% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westerly College Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within RI. Charities of a similar size with the same main cause include Vermont Municipal Clerks and Treasurers Association Inc ($86k), Kirtland Country Club Scholarship Fund ($86k) and Vermilion County Farm Bureau Foundation ($86k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.